{
"item_title" : "Imperfect Knowledge and Monetary Policy",
"item_author" : [" Vítor Gaspar", "Otmar Issing", "Oreste Tristani "],
"item_description" : "Based on lectures given as part of The Stone Lectures in Economics, this book discusses the problem of formulating monetary policy in practice, under the uncertain circumstances which characterize the real world. How should central banks set monetary policy? In which way should they take uncertainty into account when designing a monetary policy strategy? Should they respond to shocks aggressively or cautiously? These questions are discussed both with reference to the experience of the Bundesbank and of the European Central Bank and in relation to a simple stylized economic model.",
"item_img_path" : "https://covers4.booksamillion.com/covers/bam/0/52/167/107/0521671078_b.jpg",
"price_data" : {
"retail_price" : "47.00", "online_price" : "47.00", "our_price" : "47.00", "club_price" : "47.00", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : ""
}
}
Imperfect Knowledge and Monetary Policy
Other Available Formats
Overview
Based on lectures given as part of The Stone Lectures in Economics, this book discusses the problem of formulating monetary policy in practice, under the uncertain circumstances which characterize the real world. How should central banks set monetary policy? In which way should they take uncertainty into account when designing a monetary policy strategy? Should they respond to shocks aggressively or cautiously? These questions are discussed both with reference to the experience of the Bundesbank and of the European Central Bank and in relation to a simple stylized economic model.
This item is Non-Returnable
Customers Also Bought
Details
- ISBN-13: 9780521671071
- ISBN-10: 0521671078
- Publisher: Cambridge University Press
- Publish Date: February 2006
- Dimensions: 8.52 x 5.58 x 0.42 inches
- Shipping Weight: 0.48 pounds
- Page Count: 152
Related Categories
